Quiz Ch 33 – T/F Japan’s Main Bank System
Principles of Corporate Finance
Brealey, Myers, and Allen
13th Edition
True or false: There exists a “main bank” system characterized by enduring relationships between banks and firms in Japan.
True or false: There exists a “main bank” system characterized by enduring relationships between banks and firms in Japan.
True or false: Firms primarily derive funds from households, financial institutions, and fellow enterprises.
True or false: In Korea, business conglomerates are known as chaebols.
True or false: The Tata Group holds the position of the biggest conglomerate in India.
True or false: France, Germany, and Scandinavia share a legal heritage that has evolved from a common civil law tradition.
True or false: Rooted in a civil law tradition are the legal systems in the United States and the United Kingdom.
True or false: Using restricted stock as an incentive for managers is expected to reduce agency problems in firms.
True or false: A keiretsu manifests as a unique web of companies in Japan, often structured around a prominent bank.
What is the foundational legal tradition of the United States legal system?
True or false: the discount rate for a financial lease is the company’s WACC.